2633 W Potomac Avenue
Chicago, IL 60622

Status: Sold
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $850,000

About this home

Introducing a fantastic investment opportunity: a fully rented all brick three-unit building! This property features two-bedroom units on each floor, providing a steady stream of rental income. Each unit is equipped with individual furnaces and hot water heaters, ensuring comfort and convenience for tenants. The basement is high and dry, offering additional storage space or potential for expansion. One of the standout features of this property is the large south-facing rear decks, perfect for enjoying the outdoors or entertaining guests. The spacious rear yard provides a great space for outdoor activities. All 3 kitchens and bathrooms have been tastefully upgraded, adding a touch of modernity to the units. Additionally, each unit includes its own washer and dryer, a highly sought-after amenity for tenants. To top it off, this property offers the added benefit of a two-car garage, providing extra income potential. Don't miss out on this incredible investment opportunity! With its solid brick construction, individual utilities, and upgraded units, this property is sure to attract long-term tenants and provide a steady return on investment. Schedule a showing today and seize the chance to add this gem to your portfolio!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 91-100 Years
3 Bedroom Unit in Building No
Parking Total 2
Exterior Building Type Brick
Exterior Property Features Deck
Foundation Stone
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Roof Type Rubber
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - West Town
Zoning Type MULTI
Corporate Limits Chicago
Directions North or South on Western then west to property
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 3
Full Baths in Building Count 3
Total Rooms 15
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 5
Tenant Pays All
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1775
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave
Full Baths Total 1
Lease Expiration Date 2/24
Rooms Total 5
Tenant Pays All
Floor Number 2
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1850
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave
Full Baths Total 1
Lease Expiration Date 8/24
Rooms Total 5
Tenant Pays All
Floor Number 3
Property / Lot Details
Lot Dimensions 25X120
Lot Size Standard Chicago Lot
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16012250090000
Special Assessments N
Taxes $10,490
Tax Exemptions None
Tax Year 2022
$850,000 Listing Price:
MLS # 11900953
Investment Profile Residential Income
Listing Market Time 128 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 10/25/2023
Year Built
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